Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Weighted Average Assumptions and Fair Value of Options

The following table summarizes the weighted average assumptions, and the weighted average fair value of the options:

	2012			2011			2010
Number of options granted		818,090			716,508			2,176,963
Weighted average exercise price	$	22.95		$	17.61		$	16.01
Risk-free interest rate		1.69	%		2.96	%		2.65	%
Expected volatility		24.11	%		29.98	%		30.00	%
Expected term (years)		7.9			8.5			4.9
Dividend yield		1.75	%		1.59	%		1.79	%
Weighted average fair value	$	5.27		$	5.78		$	4.11

Summary of Stock Option Activity and Changes during Year

A summary of TSYS’ stock option activity as of December 31, 2012, 2011 and 2010, and changes during the years ended on those dates is presented below:

	2012					2011					2010
(in thousands, except per share data)	Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price
Options:
Outstanding at beginning of year		6,082		$	20.61		8,810		$	23.40		6,955		$	25.54
Granted		818			22.95		717			17.61		2,177			15.89
Exercised		(619	)		16.15		(597	)		13.51		(41	)		13.11
Forfeited/canceled		(216	)		23.73		(2,848	)		29.96		(281	)		19.83
Outstanding at end of year		6,065		$	21.27		6,082		$	20.61		8,810		$	23.40
Options exercisable at year-end		3,235		$	24.12		3,122		$	25.00		5,712		$	27.48
Weighted average fair value of options granted during the year				$	5.27				$	5.78				$	4.11

As of December 31, 2012, the average remaining contractual life and intrinsic value of TSYS’ outstanding and exercisable stock options were as follows:

	Outstanding		Exercisable
Average remaining contractual life (in years)		4.8		4.2
Aggregate intrinsic value (in thousands)	$	909	$	(8,735	)

Summary of Stock Option Exercises

The table below summarizes these stock option exercises by year:

	Options Exercised and Issued from Treasury		Intrinsic Value
2012		618,752	$	4,243,000
2011		597,161		3,627,000
2010		41,403		90,400

Performance Shares

Summary of Number of Shares Granted Each Year

The following table summarizes the number of shares granted each year:

	2012		2011		2010
Number of shares		310,690		206,040		197,186
Market value	$	6.7 million	$	3.6 million	$	3.1 million

Summary of Awards Authorized

A summary of the awards authorized in each year is below:

Year of Initial Award	Total Number of Shares Awarded		Potential Number of Performance-Based Shares to be Vested
2012		241,095		241,096	(2015	)
2011		263,292		263,292	(2014	)
2010		279,831		534,477	(2013	)
2008		182,816		36,562	(2013	)

Summarized Status of Performance-based Nonvested Shares and Changes during Period

A summary of the status of TSYS’ performance-based nonvested shares as of December 31, 2012, 2011 and 2010, respectively, and changes during those periods are presented below:

	2012					2011					2010
Performance-based Nonvested shares (in thousands, except per share data)	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant-Date Fair Value		Shares			Weighted Average Grant-Date Fair Value
Outstanding at beginning of year		580		$	16.68		316		$	15.65		62		$	13.69
Granted		278			22.91		300			17.63		316			15.65
Vested		(37	)		18.08		(36	)		15.61		(62	)		13.69
Forfeited/canceled		(12	)		16.57		—			—		—			—
Outstanding at end of year		809		$	18.76		580		$	16.68		316		$	15.65

Unvested Restricted Awards

Summarized Status of Nonvested Shares and Changes during Periods

A summary of the status of TSYS’ nonvested shares as of December 31, 2012, 2011 and 2010, respectively, and the changes during the periods are presented below:

	2012					2011					2010
Nonvested shares (in thousands, except per share data)	Shares			Weighted Average Grant-Date Fair Value		Shares			Weighted Average Grant-Date Fair Value		Shares			Weighted Average Grant-Date Fair Value
Outstanding at beginning of year		618		$	16.80		821		$	16.91		1,084		$	18.60
Granted		311			21.47		206			17.67		197			15.55
Vested		(366	)		15.91		(376	)		17.60		(416	)		20.63
Forfeited/canceled		(9	)		19.85		(33	)		15.71		(44	)		17.32
Outstanding at end of year		554		$	19.96		618		$	16.80		821		$	16.91